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Frigate Segment will Generate the Highest Market Potential for the Naval Shipbuilding Companies
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The research service indicates that despite the global economic crisis, the military naval vessels and SIS market is relatively immune from the austerity measures that have been implemented in many countries. North America continues to be the biggest market for military naval vessel suppliers. However, the highest percentage growth for the market will be noticed in APAC, the Middle East, and Central Asia. The study shows that APAC is the most attractive market for foreign shipbuilding companies due to easier access to the market and expected implementation of several naval procurement projects. The study covers the global military naval vessels and SIS market and also provides segment and regional analyses.
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